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Hillman Reports Record Third Quarter 2025 Results
Globenewswire· 2025-11-04 12:30
Core Insights - Hillman Solutions Corp. reported record financial results for the third quarter of 2025, achieving the highest Net Sales and Adjusted EBITDA in its 61-year history [4][7] - The company has updated its full-year 2025 guidance, maintaining its Net Sales forecast while increasing its Adjusted EBITDA guidance [5][6] Financial Performance - Net sales increased by 8.0% to $424.9 million compared to $393.3 million in the same quarter last year [7] - Net income rose to $23.2 million, or $0.12 per diluted share, up from $7.4 million, or $0.04 per diluted share, in the prior year quarter [7] - Adjusted EBITDA reached a record $88.0 million, compared to $64.8 million in the prior year quarter [7] Guidance and Projections - The updated guidance for FY 2025 includes Net Sales of $1.535 to $1.575 billion and Adjusted EBITDA of $270 to $275 million [6] - Year-end leverage is expected to remain at 2.4x [6] Balance Sheet and Liquidity - As of September 27, 2025, gross debt was $709.5 million, down from $718.6 million at the end of 2024 [7] - Net debt improved to $671.8 million from $674.0 million at the end of 2024 [7] - Liquidity available totaled $276.9 million, consisting of $239.2 million in available borrowing and $37.7 million in cash [7] Shareholder Actions - The company repurchased approximately 325.6 thousand shares of its common stock at an average price of $9.72 per share, totaling $3.2 million [7]
Hillman Sets Third Quarter 2025 Earnings Release and Results Presentation Date
Globenewswire· 2025-10-14 11:30
Core Insights - Hillman Solutions Corp. plans to host a conference call on November 4, 2025, to discuss its financial results for the thirteen and thirty-nine weeks ended September 27, 2025 [1][4] - The earnings release will be issued on the same day prior to the results presentation [1][4] - The presentation will be hosted by President and CEO Jon Michael Adinolfi and CFO Rocky Kraft [2] Presentation Details - Date: November 4, 2025 [3] - Time: 8:30 a.m. Eastern Time [3] - A listen-only webcast will be available [3] - Sell-side analysts must register to participate in the live Q&A session [3] - A replay of the webcast will be available approximately one hour after the presentation [3] Company Overview - Hillman Solutions Corp. is a leading provider of hardware-related products and solutions in North America [5] - The company has a strong commitment to customer service and a competitive advantage through direct-to-store shipping and a dedicated sales team of over 1,200 professionals [5] - Hillman's product portfolio includes hardware solutions, protective solutions, and robotic and digital solutions [5] - The company is recognized for its distribution network and has received vendor of the year awards from top customers [5]
Hillman's Board of Directors Approves $100 Million Share Repurchase Program
Globenewswire· 2025-08-05 11:25
Core Viewpoint - Hillman Solutions Corp. has authorized an initial share repurchase program for up to $100 million of its outstanding common stock, marking its first such program since going public in 2021 [1][2]. Company Overview - Hillman Solutions Corp. is a leading provider of hardware-related products and solutions to home improvement, hardware, and farm and fleet retailers across North America, with over 60 years of industry experience [3]. - The company is recognized for its commitment to customer service and has built a competitive advantage through direct-to-store shipping and a dedicated in-store sales and service team of over 1,200 professionals [3]. - Hillman's product portfolio includes hardware solutions (fasteners, screws, nuts and bolts), protective solutions (work gloves, jobsite storage and protective gear), and robotic and digital solutions (key duplication and tag engraving) [3]. Share Repurchase Program Details - The share repurchase program allows for the repurchase of common stock at management's discretion through various methods, including a 10b5-1 trading plan and open market purchases [2]. - The program is seen as a prudent step following improvements in the company's balance sheet, allowing for stock buybacks while continuing to invest in growth opportunities and debt reduction [3].
Hillman Publishes Annual Corporate Responsibility Fact Sheet for 2024
Globenewswire· 2025-07-31 11:30
Core Insights - Hillman Solutions Corp. published its annual Corporate Responsibility fact sheet, highlighting its ESG initiatives for the year ending December 31, 2024 [1] - The company emphasizes its commitment to long-term sustainability, corporate governance, and social impact as integral to its business operations [2] Company Overview - Hillman Solutions Corp. is a leading provider of hardware products and solutions for home improvement, hardware, and farm and fleet retailers across North America, with over 60 years of industry experience [4] - The company offers a diverse portfolio including hardware solutions, protective solutions, and robotic and digital solutions, supported by a robust distribution network [4] Corporate Responsibility Initiatives - The Corporate Responsibility fact sheet outlines Hillman's efforts to reduce its environmental footprint, invest in employee development, and engage with communities [3] - Key achievements in 2024 include Vendor of the Year recognition from two customers, Partner of the Year in Canada, and the Pro Tool Innovation Award [6] Governance and Workplace Culture - The report details Hillman's corporate governance practices, including board composition and strategic leadership changes [6] - Statistics related to workplace safety, health, and inclusivity are highlighted, showcasing the company's commitment to a value-driven workplace [6] Environmental Impact - Hillman is focused on maintaining an innovative, inclusive, and environmentally conscious approach in its daily operations, with an expanded assessment of Scope 1-3 greenhouse gas emissions [3][6]
Hillman Sets Second Quarter 2025 Earnings Release and Results Presentation Date
Globenewswire· 2025-07-16 11:30
Core Viewpoint - Hillman Solutions Corp. is set to announce its financial results for the thirteen and twenty-six weeks ended June 28, 2025, during a conference call on August 5, 2025, at 8:30 a.m. Eastern Time [1][4]. Company Overview - Hillman Solutions Corp. is a prominent provider of hardware-related products and solutions, serving home improvement, hardware, and farm and fleet retailers across North America [5]. - The company is recognized for its strong customer service and has built a competitive advantage through direct-to-store shipping and a dedicated in-store sales and service team of over 1,200 professionals [5]. - Hillman's product portfolio includes hardware solutions (fasteners, screws, nuts, and bolts), protective solutions (work gloves, jobsite storage, and protective gear), and robotic and digital solutions (key duplication and tag engraving) [5]. - The company has over 60 years of experience in the industry and is frequently awarded vendor of the year by top customers due to its world-class distribution network [5]. Earnings Call Details - The earnings release will be issued on the same day as the conference call, prior to the results presentation [1][4]. - The call will be hosted by President and CEO Jon Michael Adinolfi and CFO Rocky Kraft [2]. - A listen-only webcast will be available, and sell-side analysts must register to participate in the live Q&A session [3].